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THIS INDENTURE, M.d. ~h. 7th ~y of ~~~March . A.D. ip~Z-. b~~w..n
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Francisco B Palmero and RQSema~cy Palmero~his wife ~
o{ St _ LICle County fbrid+, her~ina(tu dtsipnaMd ~s tM "MORTGAGOR," and fIRST FEDERAL SAVINGS AND LOAN ~
ASSOCIATION OF FORT PIEtKE. • corpwation o~p~nized and e~cutinp u~d~r tM I~ws of tl» United Sutq of M»?iu and Mvinp ttt Fxlndpa~ p~+cr of ~
busirwa~ in tF» City of FoA PiKU, St. luw County, Florid~~ ANt1MNN ~lS1QMf~ as tM "MORTGAGEE." ~
WHEREAS tM INORTGAGOR is 'rystly indebt~d a Nw MORIGAGEE in tfie wm of i 32'~O. 00 good and I~wful ma+~y of the United ~
Srates adv~nced by the MORiGAGEE unto ~he MORTGAGOR, as evidenced by a ce~tai~ promiuory not~ of ewn date hertwith, ot which the followirp in
~vords a~d figures is a tru~ topy. to-wit: ; y~
~ 32,~004.00 . NO. 01-23008335
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Fort Pierce, Florida, t?1arc:~ 7 , 19 "
For value received, I, ~e,or either of us, promise to pay, ~rithout defalcation,
to the order of FIRST FET~RAL SAVINGS AND LOAN !lSSOCIATION OF FORT PIERCE at Fort
Pierce, Florida, tbe sum of $ 32 , ooO, oo ~ ti?ith interest from date at the rate of
A. 5 ;6 pe r annum, in month~j? fnstal.Laents as follosrs 2 58-. oo ~ t~
~ lOth day of Apr i 1 ~ 19 and a like swn oc? the corresponding day of
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~ each month thereafter until the Whole be fully paid.
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~ Each installioent first shall be applied fn payment of the interest and then on ~
the unpaid balance of the principal sum. If default is made in the payment of arry ~
insta2lment w}?en due, and such default continues 30 days, then at the option of the ~
holder, and vithwt anq~ other notice, all the remaining installments shall be due and F
payable at ance. Privflege is given to prepay this note in whole or in part at arry 1
time irithout penalty. Neither forbearance, nor acceptance by the holder thereof ;
after at~y default in any payment het~eon, shall be deemed extension. A late payment ~
charge of $ 12.90 shall be assessed the 26th day of the month, if a regular ~
b~siness day, or, if not a regular business day, then the next business day, on each t
monthly installment not then received. `
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Each maker, suretp and endorser hereof, jointly and severally, uaives c3emand, ~
p:es8ntment protest and notice of protest for nonpayment, and further agrees to any =
extension of time of payment, either bePore or after maturity, ~,ri.thout notice to at~ -
~ of us; and to pay all costs of collection, incYuding a reasonable attorney's fee in
~ the event of any default hereunder, and hereby several~y Waives all benefit of home- ~
~ stead and exemption under the constitution and la~rs of each State of the United
~ States, as against this obligation or anq extension or reneWal hereof. -
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S/ ~rancisco B. Palmero (SEAI,)
State documentarq stamps in ths (SEAL) ~
araou!1t of $ 48.00 ' are 5/ Rosemary Palmero (SEAL)
affixed to the mortgage secured . .
herebY• . (SEAL) _
ecci 265 114
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